Ads
related to: cute trendy business cards for real estate agents are in crisisvistaprint.com has been visited by 100K+ users in the past month
design.com has been visited by 100K+ users in the past month
staples.com has been visited by 100K+ users in the past month
Search results
Results From The WOW.Com Content Network
A real-estate bubble is a type of economic bubble that occurs in local or global real estate markets, and it typically follows a land boom. Learn about the identification, prevention, and macroeconomic significance of real-estate bubbles, and see examples and indicators from various countries.
The 2000s US housing bubble was a sharp rise and fall of house prices that caused the subprime mortgage crisis and the Great Recession. Many people could not afford their mortgages, lost their homes, and faced foreclosure.
Business journalist Kimberly Amadeo reports: "The first signs of decline in residential real estate occurred in 2006. Three years later, commercial real estate started feeling the effects. [36] Denice A. Gierach, a real estate attorney and CPA, wrote: most of the commercial real estate loans were good loans destroyed by a really bad economy.
Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.
A multinational financial crisis that occurred between 2007 and 2010 and contributed to the 2007–2008 global financial crisis. The crisis led to a severe economic recession, with millions losing their jobs and many businesses going bankrupt, due to the collapse of the U.S. housing bubble and high interest rates.
As banks began to give out more loans to potential home owners, housing prices began to rise. Lax lending standards and rising real estate prices also contributed to the real estate bubble. Loans of various types (e.g., mortgage, credit card, and auto) were easy to obtain and consumers assumed an unprecedented debt load. [264] [233] [265]
Ads
related to: cute trendy business cards for real estate agents are in crisisvistaprint.com has been visited by 100K+ users in the past month
design.com has been visited by 100K+ users in the past month
staples.com has been visited by 100K+ users in the past month